WTS GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WTS GROUP
Largest movements
- Receivables within one year -€13,219
down €13,219 (-94.3%), from €14,018 to €799
of which Trade receivables: -€13,219
- Tangible fixed assets +€12,695
up €12,695 (+585.0%), from €2,170 to €14,865
of which Furniture and vehicles: +€12,000
- Cash +€9,618
up €9,618 (+159.1%), from €6,044 to €15,663
mainly Receivables within one year (+€13,219) and Tax, wage and social debts (+€8,062)
- Tax, wage and social debts +€8,062
up €8,062 (+258.7%), from €3,116 to €11,178
of which Taxes: +€4,434
- Profit (loss) carried forward +€4,605
up €4,605 (+17.3%), from -€26,672 to -€22,066
- Trade debts -€3,409
down €3,409 (-57.1%), from €5,970 to €2,560
- Gross operating margin +€36,640
up €36,640 (+125.4%), from €29,217 to €65,857
- Staff costs +€23,745
up €23,745 (+139.2%), from €17,054 to €40,799
- Financial charges +€14,911
up €14,911 (+3684.6%), from €405 to €15,315
- Other operating charges -€2,699
down €2,699 (-71.6%), from €3,771 to €1,071
- Taxes +€1,936
new in 2025: €1,936
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,233 | €31,326 | +€9,094 | +40.9% |
| Fixed assets | 21/28 | €2,170 | €14,865 | +€12,695 | +585.0% |
| Tangible fixed assets | 22/27 | €2,170 | €14,865 | +€12,695 | +585.0% |
| Plant, machinery and equipment | 23 | €103 | €798 | +€695 | +672.1% |
| Furniture and vehicles | 24 | €2,067 | €14,067 | +€12,000 | +580.6% |
| Current assets | 29/58 | €20,063 | €16,461 | -€3,601 | -17.9% |
| Amounts receivable within one year | 40/41 | €14,018 | €799 | -€13,219 | -94.3% |
| Trade receivables | 40 | €14,006 | €787 | -€13,219 | -94.4% |
| Other amounts receivable | 41 | €12 | €12 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,044 | €15,663 | +€9,618 | +159.1% |
| Total equity and liabilities | 10/49 | €22,233 | €31,326 | +€9,094 | +40.9% |
| Equity | 10/15 | -€6,672 | -€2,066 | +€4,605 | +69.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,672 | -€22,066 | +€4,605 | +17.3% |
| Amounts payable | 17/49 | €28,904 | €33,392 | +€4,488 | +15.5% |
| Amounts payable within one year | 42/48 | €28,904 | €33,392 | +€4,488 | +15.5% |
| Trade debts | 44 | €5,970 | €2,560 | -€3,409 | -57.1% |
| Suppliers | 440/4 | €5,970 | €2,560 | -€3,409 | -57.1% |
| Taxes, remuneration and social security | 45 | €3,116 | €11,178 | +€8,062 | +258.7% |
| Taxes | 450/3 | €483 | €4,918 | +€4,434 | +917.6% |
| Remuneration and social security | 454/9 | €2,633 | €6,260 | +€3,627 | +137.8% |
| Other amounts payable | 47/48 | €19,818 | €19,655 | -€164 | -0.8% |
| Non-recurring operating income | 76A | - | €3,719 | +€3,719 | |
| Remuneration, social security and pensions | 62 | €17,054 | €40,799 | +€23,745 | +139.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,091 | €2,131 | +€1,040 | +95.3% |
| Other operating charges | 640/8 | €3,771 | €1,071 | -€2,699 | -71.6% |
| Gross operating margin | 9900 | €29,217 | €65,857 | +€36,640 | +125.4% |
| Operating profit (loss) | 9901 | €7,301 | €21,856 | +€14,555 | +199.3% |
| Financial income | 75/76B | €28 | €1 | -€27 | -96.9% |
| Recurring financial income | 75 | €28 | €1 | -€27 | -96.9% |
| Financial charges | 65/66B | €405 | €15,315 | +€14,911 | +3684.6% |
| Recurring financial charges | 65 | €405 | €15,315 | +€14,911 | +3684.6% |
| Profit (loss) for the period before taxes | 9903 | €6,924 | €6,542 | -€383 | -5.5% |
| Income taxes | 67/77 | - | €1,936 | +€1,936 | |
| Profit (loss) for the period | 9904 | €6,924 | €4,605 | -€2,319 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,924 | €4,605 | -€2,319 | -33.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.